Now trading at a price of $63.8, SEI Investments Company has moved 0.3% so far today.
SEI Investments Company returned gains of 9.3% last year, with its stock price reaching a high of $64.71 and a low of $52.2. Over the same period, the stock underperformed the S&P 500 index by -13.6%. As of April 2023, the company's 50-day average price was $57.69. SEI Investments Company is a publicly owned asset management holding company. Based in Oaks, PA, the mid-cap Finance company has 4,805 full time employees. SEI Investments Company has offered a 1.4% dividend yield over the last 12 months.
EPS Trend Sustained Primarily by Reducing the Number of Shares Outstanding:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $1,624 | $1,650 | $1,684 | $1,918 | $1,991 | $1,892 |
| Revenue Growth | n/a | 1.58% | 2.07% | 13.91% | 3.79% | -5.0% |
| Interest Income (MM) | $1 | $1 | $1 | $1 | $1 | $1 |
| Operating Margins | 38% | 38% | 34% | 36% | 31% | 31% |
| Depreciation & Amort. (MM) | $29 | $29 | $31 | $33 | $34 | $35 |
| Earnings Per Share | $3.14 | $3.24 | $3.0 | $3.81 | $3.46 | $3.39 |
| EPS Growth | n/a | 3.18% | -7.41% | 27.0% | -9.19% | -2.02% |
| Diluted Shares (MM) | 161 | 155 | 149 | 143 | 137 | 126 |
| Free Cash Flow (MM) | $559 | $502 | $434 | $607 | $527 | $454 |
| Capital Expenditures (MM) | $29 | $43 | $54 | $26 | $39 | $30 |
| Current Ratio | 4.03 | 4.44 | 4.1 | 3.95 | 3.65 | 5.39 |
| Total Debt (MM) | $51 | $88 | $78 | $107 | $6 | $2 |
| Net Debt / EBITDA | -1.09 | -1.14 | -1.18 | -1.0 | -1.32 | -1.38 |
SEI Investments Company has growing revenues and a flat capital expenditure trend, strong operating margins with a stable trend, and low leverage. However, the firm suffers from EPS growth achieved by reducing the number of outstanding shares and irregular cash flows.
The Market May Be Overvaluing SEI Investments Company's Earnings and Assets:
SEI Investments Company has a trailing twelve month P/E ratio of 17.1, compared to an average of 12.38 for the Finance sector. Based on its EPS guidance of $3.78, the company has a forward P/E ratio of 15.3. The 2.7% compound average growth rate of SEI Investments Company's historical and projected earnings per share yields a PEG ratio of 6.37. This suggests that these shares are overvalued. Furthermore, SEI Investments Company is likely overvalued compared to the book value of its equity, since its P/B ratio of 4.03 is higher than the sector average of 1.58. The company's shares are currently trading 79.8% above their Graham number.
There's an Analyst Consensus of Little Upside Potential for SEI Investments Company:
The 4 analysts following SEI Investments Company have set target prices ranging from $61.0 to $66.0 per share, for an average of $63.5 with a hold rating. As of April 2023, the company is trading -9.1% away from its average target price, indicating that there is an analyst consensus of little upside potential.
SEI Investments Company has a very low short interest because 1.1% of the company's shares are sold short. Institutions own 73.3% of the company's shares, and the insider ownership rate stands at 17.39%, suggesting a large amount of insider shareholders. The largest shareholder is Vanguard Group Inc, whose 9% stake in the company is worth $764,604,732.
